There is a difference when trying to sell a house between a particular person who plans to live in the house and an investor. You can renovate the house to improve its aesthetic value to increase its market value, especially when your buyer is an inhabitant of the house. If your buyer is an investor, he should keep in mind that he is not really interested in the aesthetics of the house, but in how much he can earn when he resells it. It means that the price is more valuable and important to them than the property itself.

There are several ways to increase rental income when investing in homes. It is important that you know what type of property you are looking for to fit your plan because not all investment properties are created equal. All you have to do is search for houses for rent that are comparable to yours and try to find out the rental price. One way is to have a rental rate that is lower than usual so you can raise the rent but still keep tenants. When you decide to start investing in houses, you need to invest extra money in the property. Try to look at the basement and make it ideal for housing so you can rent it out as a separate place.

You should also find out what are the usual preferences of tenants regarding the property they want to rent. When you recognize and understand their needs, such as having washing machines, a bathroom and a garage, they would be willing to pay an additional amount for your comfort. When you’re investing in homes, you should also consider including utilities in your investment.

However, when you have chosen to sell the house, you need to understand the value of your property and the potential income. Then think of a marketing strategy to help you package your home to attract buyers.

If you still have tenants in the house you are selling, let them know how long they are allowed to stay. Let them know what was going on in the negotiations. Take some time to talk with your tenants and listen to their concerns. Let them know of the possible closing date so they have plenty of time to look elsewhere.

Although real estate investors are generally concerned about the financial value of the property, you still need to package it properly so that the property still looks good and brings you a higher profit.

Investing in houses to resell or rent is very different from buying a house for your residence. When you are looking for a house to live in, you usually have your preferences in mind. You have to think outside the box when you’re looking for a house to resell and you see yourself as an investor, then ask yourself, “How much will I get from this and how long will I have the profit?”